{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-000406","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2025-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.801236+00:00","generated_at":"2026-05-27T09:11:49.491829+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mullen Automotive raises $6.3M via convertible notes and warrants; conversion floor $0.08","bullets":["$6.3M principal of 5% OID secured notes sold; mature in 4 months, bear 15% interest.","Notes convertible at lower of $0.39 or 95% of market price; conversion floor $0.08.","Warrants to purchase 32.4M common shares issued; 5-year term, cashless exercise using Black-Scholes (135% vol).","Restricted from equity raises for 90 days; stockholder approval required if issuance exceeds 19.9% of outstanding.","Company must cut annual salary expense by $13M by Feb 1, 2025 or face event of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-000406","json":"https://secwatch.observer/filing/0001829126-25-000406.json","markdown":"https://secwatch.observer/filing/0001829126-25-000406.md","text":"https://secwatch.observer/filing/0001829126-25-000406.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625000406/0001829126-25-000406-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625000406/mullenautomotive_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T09:11:49.491829+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}